SPDR S&P 500 (SPY)

[NetNeutral]

Ok, the day went pretty much as planned, booked 30.00 in gains on the 260 3/28 calls, bought 4/2 263, 4/4 265, and 4/6 267 calls and held-em into the close, BUT, Spy failed us Big Time as it did NOT close above 263.17 and was rejected as selling pressure took-r back to 259.05 in the last hour(we managed to get out of our 260 3/28 puts at 0.42), OUCH!!??

That said, we do NOT like the price setup going into a Long weekend, especially since its EOM, EOQtr, EOWeek, End of da-World, LOL...

We r 100% Long and think we're gonna take it up da-Asskie Thursday as 256.52 is our first target and 253.18 is the second target with little to NO SUPPORT under 253.18!!??

In other words, if 256.52 or 253.18 can't hold da-line then the World as we know it is gonna END this weekend and start, well, A-New, otherwise know a new beginning


Have a Great Easter Weekend ALL...


4/2

263 calls at 1.25, Long(Quad)

4/4

265 calls at 1.25, Long(Quad)

4/6

267 calls at 0.60, Long(Quad)

3/29
267 calls at 0.84, Long(Quad),

3/28
260 putts at 0.92, Short(Quad), Sold at 0.42, -2.00 loss(Quad)

260 calls at 1.00, Long(Q x 4), Sold at 3.00. 32.00 gain(Q x 4)



Wk Ending 3/29, 58.96 gain
3/26
264 calls at 1.10, Long(Q x 4), Sold at 0.48, -9.92 loss(Q x 4)

263 putts at 2.50, Short(Quad x 4), Sold at 3.75, 20.00 gain(Quad)
3/28
263 calls at 0.96, Long(Quad), Sold at 1.96, 4.00 gain(Quad)
265 calls at 1.24, Long(Quad x 2), Sold at 2.30, 8.48 gain(Q x 2)


3/29
267 calls at 0.80, Long(Quad x 2), Sold at 1.60, 6.40 gain(Quad)